Entrepreneurship for Kids Worksheet: Needs and Wants

Entrepreneurship lesson 2: Needs and wants · Set 301 · 40 questions

Business tip (Must have or nice to have?): Need = must have to live, stay healthy, safe or go to school (water, food, shoes, medicine, uniform, bus fare). Want = nice to have, but we can live without it (games, gadgets, extra shoes, sweets every day). Season changes what people need: umbrellas in the monsoon, warm drinks in winter.

1. 1.🍱 A tiffin service mostly meets which? (a) nothing at all (b) a want: games (c) a want: toys (d) a need: food
2. 2.Which of these is a need? (a) rice and dal (b) sweets every day (c) a fancy phone cover (d) a third pair of shoes
3. 3.🔍 Which is the odd one out? (a) a party dress (b) a toy robot (c) a third pair of shoes (d) school shoes
4. 4.💡 A need is something… (a) we must have to live (b) only rich people buy (c) nice but not needed (d) made of plastic
5. 5.🛒 Need or want: notebooks for school? (a) a want (b) a need
6. 6.True or false: “sweets every day” is a need. (a) True (b) False
7. 7.🔍 Which is the odd one out? (a) a roof over your head (b) a warm blanket (c) a video game (d) medicine when ill
8. 8.True or false: “a video game” is a need. (a) True (b) False
9. 9.🛍️ Why do businesses that meet needs often sell all year? (a) needs are always free (b) nobody buys needs (c) people always need them (d) needs are toys
10. 10.Which of these is a need? (a) a warm blanket (b) a sticker album (c) a toy robot (d) a third pair of shoes
11. 11.Which of these is a need? (a) a video game (b) designer sunglasses (c) school shoes (d) a toy robot
12. 12.☔ In the monsoon, which would sell best at a school gate? (a) paper kites (b) woollen sweaters (c) ice lollies (d) umbrellas and raincoats
13. 13.🔍 Which is the odd one out? (a) a bigger TV (b) a video game (c) a warm blanket (d) a glitter pen set
14. 14.🛒 Need or want: a sticker album? (a) a need (b) a want
15. 15.Which of these is a need? (a) sweets every day (b) a third pair of shoes (c) bus fare to school (d) a bigger TV
16. 16.🛒 Need or want: a video game? (a) a need (b) a want
17. 17.True or false: “medicine when ill” is a want. (a) False (b) True
18. 18.Which of these is a want? (a) a fancy phone cover (b) a warm blanket (c) bus fare to school (d) a roof over your head
19. 19.🛒 Need or want: a bigger TV? (a) a want (b) a need
20. 20.True or false: “a warm blanket” is a need. (a) True (b) False
21. 21.🛒 Need or want: bus fare to school? (a) a want (b) a need
22. 22.🛒 A family has little money. What should it buy first? (a) the wants (b) the most fun thing (c) the costliest thing (d) the needs
23. 23.True or false: “a roof over your head” is a want. (a) False (b) True
24. 24.🛒 Need or want: designer sunglasses? (a) a need (b) a want
25. 25.🛒 Need or want: soap? (a) a want (b) a need
26. 26.🔍 Which is the odd one out? (a) a glitter pen set (b) a warm blanket (c) a roof over your head (d) school shoes
27. 27.🔍 Which is the odd one out? (a) school shoes (b) a third pair of shoes (c) soap (d) medicine when ill
28. 28.Which of these is a want? (a) a roof over your head (b) a warm blanket (c) sweets every day (d) drinking water
29. 29.True or false: “a party dress” is a need. (a) True (b) False
30. 30.🛒 Need or want: rice and dal? (a) a need (b) a want
31. 31.🔍 Which is the odd one out? (a) a video game (b) notebooks for school (c) a fancy phone cover (d) a bigger TV
32. 32.🎯 A want can still be a good business when… (a) it is not safe (b) many people want it (c) nobody likes it (d) it breaks the rules
33. 33.Which of these is a need? (a) a glitter pen set (b) sweets every day (c) a toy robot (d) a roof over your head
34. 34.Which of these is a need? (a) a party dress (b) a video game (c) a fancy phone cover (d) soap
35. 35.🔍 Which is the odd one out? (a) sweets every day (b) a toy robot (c) a bigger TV (d) a roof over your head
36. 36.🛒 Need or want: drinking water? (a) a need (b) a want
37. 37.🛒 Need or want: a party dress? (a) a want (b) a need
38. 38.❄️ On a cold winter morning, which stall would most people want? (a) hot drinks (b) water guns (c) paper fans (d) ice lollies
39. 39.🛒 Need or want: a toy robot? (a) a need (b) a want
40. 40.🔍 Which is the odd one out? (a) bus fare to school (b) drinking water (c) notebooks for school (d) sweets every day

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